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EUR/USD Forex Signal: Bulls Prevail As A Risk-On Sentiment Continues

EUR/USD Forex Signal: Bulls Prevail As A Risk-On Sentiment Continues

The EUR/USD pair continued its bullish trend as the risk-on sentiment continued.  Bullish view Buy the EUR/USD pair and set a take-profit at 1.1200. Add a stop-loss at 1.1010. Timeline: 1-2 days.  Bearish view Set a sell-stop at 1.1080 and a take-profit at 1.1000. Add a stop-loss at 1.1200. The EUR/USD price made a bullish breakout as the US dollar […]
Market Briefing For Thursday, December 28

Market Briefing For Thursday, December 28

An ‘influx of apathy’ – almost halted trading on this ‘tweener’ session. Given a difficult geopolitical backdrop, an accepted axiom of a ‘friendlier Fed’ and the closing of books on 2023, it’s not unusual to get this kind of a day.FreepikNow we know that the U.S. is restraining itself from true retaliation for attacks not just […]
Sensex Today Hits Record High; Nifty Above 21,700

Sensex Today Hits Record High; Nifty Above 21,700

Image Source: Unsplash  Asian shares hit a five-month high on Thursday, as market wagers on ever-more aggressive rate cuts extended a huge rally in US stocks and bonds.The Nikkei is trading 0.7% lower while the Hang Seng index is trading 1.1% higher.US stocks closed slightly higher in languid trading on Wednesday, with little market-moving news to […]
Wall Street Banks Give Their S&P 500 Forecast For 2024

Wall Street Banks Give Their S&P 500 Forecast For 2024

 Image Source: Unsplash   Most analysts on Wall Street expect 2024 to be a good year for equities. The most bullish analysts are from Yardeni Research, who see it rising to $5,400. Some analysts like JPMorgan and Cantor Fitzgerald are pessimistic. The S&P 500 index (SPX) had a strong performance in 2023 as it surged by over 25% […]
SPDR ETF Report For Wednesday, December 27

SPDR ETF Report For Wednesday, December 27

Image Source: PixabayIn this video, Ira Epstein reviews the day’s trading in various SPDR-ETF markets for the trading day just ended, Wednesday, December 27.Video Length: 00:17:24More By This Author:Financial Markets Report For Wednesday, December 27Metals Report For Wednesday, December 27SPDR ETF Report For Tuesday, December 26
Forex Today: US Dollar Remains Fragile Ahead Of Mid-Tier US Data

Forex Today: US Dollar Remains Fragile Ahead Of Mid-Tier US Data

Image Source: UnsplashHere is what you need to know on Thursday, December 28:The US Dollar (USD) continued to weaken against its rivals mid-week, with the USD Index dropping to its lowest level in five months below 101.00. Early Thursday, the USD stays on the back foot as investors await weekly Initial Jobless Claims and Goods Trade […]
GBP/USD Forex Signal: Trading Setup As The DXY Weakness Continues

GBP/USD Forex Signal: Trading Setup As The DXY Weakness Continues

Image Source: UnsplashBullish view Buy the GBP/USD pair and set a take-profit at 1.2850. Add a stop-loss at 1.2700. Timeline: 1-2 days. Bearish view Set a sell-stop at 1.2780 and a take-profit at 1.2700. Add a stop-loss at 1.2850. The GBP/USD exchange rate rally gained steam on Thursday morning in a low-volume environment. The pair rose to a high of […]
WTI Extends ‘Death Cross’ Losses After API Reports Another Unexpected Crude Build

WTI Extends ‘Death Cross’ Losses After API Reports Another Unexpected Crude Build

Photo by Timothy Newman on UnsplashOil prices pumped and dumped today after Yemen’s Iran-backed Houthi rebel militia’s attacks on tankers sparked supply concerns overnight which were then completely forgotten about as US Treasury yields puked lower during the day (and Maesrk reportedly scheduling several dozen ships to move through the Suez Canal, suggesting that the world’s leading shipping firm is not […]
Financial Markets Report For Wednesday, December 27

Financial Markets Report For Wednesday, December 27

Image Source: PexelsIn this video, Ira Epstein reviews the activity in the Financial Markets after the day that just ended, Wednesday, December 27.Video Length: 00:14:09More By This Author:Metals Report For Wednesday, December 27SPDR ETF Report For Tuesday, December 26Financial Markets Report For Tuesday, December 26
Sea Planes And Safe Landings In 2024

Sea Planes And Safe Landings In 2024

Image Source: UnsplashIf you’ve had the luxury of flying in a small eight-person float plane over coastal sea waters then you recognize the anticipation of meeting pontoons to water.The landing is either soft or hard.It is also best to expect sudden lift or soft, or sideways gusto of wind pushing the small tin structure wherever it […]